XML 16 R4.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Operating expenses:    
General and administrative, including $740,975 and $1,846,947 to related parties for the years ended December 31, 2018 and 2017, respectively $ 1,488,238 $ 2,747,471
Research and development, including $495,638 and $1,132,604 to related parties for the years ended December 31, 2018 and 2017, respectively 688,286 1,499,940
Total operating costs and expenses 2,176,524 4,247,411
Loss from operations (2,176,524) (4,247,411)
Loss on extinguishment of debt and other liabilities in exchange for equity (166,382)
Interest expense, including $42,821 and $15,519 to related parties for the years ended December 31, 2018 and 2017, respectively (136,243) (102,225)
Foreign currency transaction (loss) gain (112,641) 58,153
Net loss $ (2,591,790) $ (4,291,483)
Net loss per common share - basic and diluted $ (0.77) $ (1.77)
Weighted average common shares outstanding - basic and diluted 3,351,105 2,418,271